READ THIS: The Economist is not exactly a “green” publication, but its latest cover article confirms pretty much exactly what our Senate Budget Committee hearings have been saying.

economist.com/leaders/2024/0…

“Offshore tax evasion is a crime, and it's far from a victimless crime because it gives an unfair advantage to tax cheats at the expense of those who play by the rules.” - Zorka Milin

When the wealthy get away with hiding $1 billion in offshore tax havens to avoid paying what they owe—even as everyone else pays on time and in full—you know you need more enforcement.

For years, the IRS was hampered by Republican budget cuts and outgunned in its fight against billionaire and corporate tax evaders.

Thanks to Democrats, the IRS finally has resources to crack down on wealthy tax cheats.

'Offshore tax evasion is a crime. And it’s far from a victimless crime, because it gives an unfair advantage to tax cheats at the expense of those who play by the rules.'
- Zorka Milin on the issue of offshore tax evasion, and presenting possible remedies before Senate Budget Committee

Starved of resources, the IRS has been unable to go after big corporations that hide their profits in tax havens.

Stephen Curtis testifies that the US could raise $600 billion from a handful of corporations for *many* years’ worth of unpaid taxes.

Too often, the wealthy and big corporations evade paying what they owe by hiding their income in offshore tax havens.

Zorka Milin of FACT Coalition on who pays the price.

Happening Now: FACT's Zorka Milin is testifying before Senate Budget Committee on offshore tax evasion.

Sheldon Whitehouse opens by flagging ongoing Facebook+Microsoft tax scandals, which could lead to billions in unpaid taxes, fees and fines.

Tune in here: budget.senate.gov/hearings/sunny…

When people who’ve got the most money cheat on people who’ve got the least money, by avoiding their taxes to get even richer, there’s a price.

Tune in as Sheldon Whitehouse delivers his opening remarks.

📺 TUNE IN at 10AM: FACT's Zorka Milin will be testifying on the tricks tax cheats play to evade their taxes, and what the U.S. can do to make sure individuals and corporations pay what they owe under the law.

budget.senate.gov/hearings/sunny…

Under President Biden, federal debt-to-GDP projections are down significantly.

President Biden is investing in working families, cracking down on wealthy tax cheats, and investing in climate safety—all while bringing down the deficit.
americanprogress.org/article/cbos-l…

JUST IN: The economy outperformed expectations with 303,000 jobs added in March!

We’ve added over 15 MILLION jobs under President Biden — the fastest job growth in history.

Unemployment rate also ticked down to 3.8%.

This is what a strong economy looks like.

ICYMI: “The fact that the climate emergency is one that Republicans and fossil fuel polluters would prefer not to talk about doesn't make it any less real.

Facts are facts; and physics is physics.” - Sheldon Whitehouse

Yet another strong jobs report! Democrats continue to deliver good-paying jobs across our country. Thank you President Biden for growing our middle class.

📢When billionaires and large corporations exploit offshore tax havens, everyone else foots the bill.

Sheldon Whitehouse calls a hearing to examine the immense cost of offshore tax evasion to the federal budget.

📅NEW📅: FACT Policy Director Zorka Milin will be testifying before Senate Budget Committee next Wednesday on offshore #tax #evasion by the ultra-wealthy and major multinationals.

The hearing, 'Sunny Places for Shady People,' starts at 10am EDT.

📺Tune in here: budget.senate.gov/hearings/sunny…

ICYMI: The right to reproductive freedom is also an economic issue: “Women denied an abortion, who had to carry a pregnancy to term, were four times more likely to live in poverty.” –
Sheldon Whitehouse

#NoRightsToSpeakOf

The Dobbs decision stripped away reproductive rights of millions of women. It’s also created an unconscionable & unsustainable reality for doctors & their patients.

Recently, Dr. Zahedi-Spung provided gut-wrenching testimony about this appalling situation in the wake of Dobbs:

Attacks on prescription abortion medication are a serious threat to women’s reproductive and economic freedom.

“If Mifepristone access were meaningfully reduced … it would upend the provision of abortion in this country.” - Caitlin Knowles Myers